A Tax-Based Approach to Slowing Global Climate Change

• Tác giả: Joseph E Aldy
• Ngôn ngữ: eng
• Ký hiệu phân loại: 304.25 Climatic and weather factors
• Thông tin xuất bản: 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 298912
• Chủ đề: 1. Environmental Taxes and Subsidies H230; 2. International Fiscal Issues; 3. International Public Goods H870; 4. Redistributive Effects; 5. Taxation and Subsidies: Externalities

Tóm tắt

This paper discusses the design of CO2 taxes at the domestic and international level and the choice of taxes versus cap and trade. There is a strong case for taxes on uncertainty, fiscal, and distributional grounds, though this critically hinges on policy specifics and how revenues are used. The efficient near-term tax is at least -0 per ton of CO2 and the tax should be imposed upstream with incentives for downstream sequestration and abatement of other greenhouse gases. At the international level, a key challenge is the possibility that emissions taxes might be undermined through offsetting changes in other energy policies.